STOCK TITAN

Blaize Holdings (NASDAQ: BZAI) holder discloses 9,259,316-share stake

(Moderate)
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Blaize Holdings, Inc. shareholder Dinakar Munagala filed Amendment No. 3 to update his beneficial ownership of the company’s common stock. He beneficially owns 9,259,316 shares, consisting of 501,422 shares of Common Stock and 8,757,894 shares underlying stock options that are vested or expected to vest within 60 days. This represents 6.0% of the 144,832,039 shares of Common Stock outstanding as of August 2, 2026, and excludes 1,371,303 earn-out shares.

Munagala has sole voting and sole dispositive power over these shares. Since Amendment No. 2, options to purchase 1,263,423 shares have vested, and he sold 50,000 shares of Common Stock pursuant to a 10b5-1 Plan entered into on December 12, 2025, with no other transactions reported.

Positive

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Negative

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Beneficial Ownership 9,259,316 shares Shares of Common Stock beneficially owned by Dinakar Munagala
Ownership Percentage 6.0 % Percent of Blaize Holdings Common Stock class represented by Munagala's holdings
Shares Outstanding 144,832,039 shares Common Stock outstanding as of August 2, 2026
Common Shares Held 501,422 shares Shares of Common Stock directly held by the reporting person
Options Underlying Shares 8,757,894 shares Shares underlying stock options vested or expected to vest within 60 days
Earn-out Shares Excluded 1,371,303 shares Earn-out shares held by the reporting person excluded from beneficial ownership
Options Newly Vested 1,263,423 shares Options that have vested since the filing of Amendment No. 2
Shares Sold Under 10b5-1 Plan 50,000 shares Common Stock sold pursuant to a 10b5-1 Plan since Amendment No. 2
Schedule 13D regulatory
"filed a statement on Schedule 13D to report the acquisition"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
beneficially owned financial
"Aggregate amount beneficially owned by each reporting person 9,259,316.00"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting power financial
"Number of Shares Beneficially Owned... Sole Voting Power 9,259,316.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"Number of Shares Beneficially Owned... Sole Dispositive Power 9,259,316.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
10b5-1 Plan regulatory
"sold 50,000 shares of common stock in accordance with a 10b5-1 Plan"
A 10b5-1 plan is a pre-arranged strategy that allows company insiders to buy or sell their shares at predetermined times and prices, even while they are aware of confidential information. It acts like a scheduled appointment for trading, helping ensure transactions happen transparently and legally, which can reassure investors that trades are not based on insider knowledge.
earn-out shares financial
"The information herein excludes 1,371,303 earn-out shares held by the Reporting Person."
Earn-out shares are company shares promised to sellers or managers only if the business meets agreed future targets after a merger or acquisition, functioning like a performance-based payout instead of immediate cash. They matter to investors because they can dilute existing ownership, change future earnings prospects and reveal how confident buyers are about growth — like a conditional bonus that shifts payment and risk into the future.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What ownership stake in BZAI does Dinakar Munagala report in this Schedule 13D/A?

Munagala reports beneficial ownership of 9,259,316 shares of Blaize Holdings common stock, representing 6.0% of the outstanding class based on 144,832,039 shares of Common Stock outstanding as of August 2, 2026.

How is Dinakar Munagala’s reported BZAI position composed?

His reported position includes 501,422 shares of Common Stock and 8,757,894 shares underlying stock options that are vested or expected to vest within 60 days of the filing date, all treated as beneficially owned for Schedule 13D purposes.

What share count did Blaize Holdings (BZAI) report as outstanding for this filing?

The filing references 144,832,039 shares of Blaize Holdings common stock outstanding as of August 2, 2026, based on the issuer’s statement of shares outstanding from its transfer agent on that date.

Are any Blaize Holdings (BZAI) earn-out shares excluded from Munagala’s ownership?

Yes. The reported beneficial ownership figure excludes 1,371,303 earn-out shares held by the reporting person, which are specifically noted as not being included in the 9,259,316 shares reported.

What transactions in BZAI stock has Dinakar Munagala reported since Amendment No. 2?

Since Amendment No. 2, options to purchase 1,263,423 shares of Common Stock have vested, and the reporting person sold 50,000 shares under a 10b5-1 Plan entered into on December 12, 2025, with no other transactions disclosed.

Does Dinakar Munagala share voting or dispositive power over his BZAI holdings?

No. The filing states that he has sole voting power and sole dispositive power over all 9,259,316 shares reported, with no shared voting or dispositive power indicated.





092915107

(CUSIP Number)
Kim Evans
4659 Golden Foothill Parkway, Suite 206
El Dorado Hills, CA, 95762
916-347-0050

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
08/02/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D






SCHEDULE 13D


Munagala Dinakar
Signature:/s/ Dinakar Munagala
Name/Title:Dinakar Munagala
Date:08/04/2026